JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Trading 0% Higher

Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) shot up 0% during trading on Wednesday . The company traded as high as $54.33 and last traded at $54.29. 683,133 shares were traded during mid-day trading, a decline of 74% from the average session volume of 2,667,435 shares. The stock had previously closed at $54.27.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

The company’s 50-day moving average price is $53.24 and its two-hundred day moving average price is $51.59. The stock has a market cap of $12.79 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were issued a $0.4311 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.17 dividend on an annualized basis and a dividend yield of 9.56%. The ex-dividend date of this dividend was Wednesday, May 1st.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in JEPQ. Hazlett Burt & Watson Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $31,000 after purchasing an additional 200 shares during the period. Global Wealth Strategies & Associates grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% in the 1st quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock worth $41,000 after buying an additional 200 shares during the last quarter. Jaffetilchin Investment Partners LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.5% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 14,011 shares of the company’s stock worth $658,000 after buying an additional 211 shares during the last quarter. Tranquility Partners LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.8% during the 1st quarter. Tranquility Partners LLC now owns 4,679 shares of the company’s stock valued at $254,000 after buying an additional 214 shares during the last quarter. Finally, Atlantic Union Bankshares Corp lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.3% in the 1st quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock valued at $972,000 after purchasing an additional 237 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Company Profile

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach.